SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported) Nov 19, 20212. SEC Identification Number C1998001343. BIR Tax Identification No. 200-652-460-0004. Exact name of issuer as specified in its charter ABOITIZ POWER CORPORATION5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 32nd Street, Bonifacio Global City, Taguig City, Metro Manila, PhilippinesPostal Code16348. Issuer's telephone number, including area code (02) 8886-28009. Former name or former address, if changed since last report 9. Former name or former address, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock P1 Par Value
7,358,604,307
Amount of Debt Outstanding (As of Sept. 30, 2021)
213,904,836,000.00
11. Indicate the item numbers reported herein 9
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Aboitiz Power CorporationAP
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Matters Approved by the Board in its Regular Board Meeting dated November 19, 2021
Background/Description of the Disclosure
During its regular meeting held today, the Board of Directors of Aboitiz Power Corporation (the "Company") approved the following:
1. Upon recommendation of the Board Related Party Transactions (RPT) Committee, approved the following:
a. Amendments to the RPT Policy to define and outline the review and approval process for certain types of RPTs falling below the materiality threshold under applicable SEC regulations, including exempt RPTs; and
b. Amendments to the RPT Committee Charter to align with the revisions to the Company's RPT Policy.
2. Upon the recommendation of the Board Cybersecurity Committee, change of name of the said committee to Board Cyber and Information Security Committee, and to amend its Charter to: a) reflect its new name; b) define information security; and c) update the Group's governance structure.
Copies of the revised RPT Policy, RPT Committee Charter, and Board Cyber and Information Security Committee Charter will be uploaded to the Company's website.
Other Relevant Information
Please see attached.
Filed on behalf by:
Name
Mailene de la Torre
Designation
Asst. Corporate Secretary
Attachments
Original Link
Original Document
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Aboitiz Power Corporation published this content on 22 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 November 2021 23:13:04 UTC.
Aboitiz Power Corp. is a holding company. The Company holds investments in power generation and distribution companies in the Philippines. The Companyâs segments include Power Generation, Power Distribution, Parent Company and Others. The Power Generation segment is engaged in the generation and supply of power to various customers under power supply contracts, ancillary service procurement agreements and trading. The Power Distribution segment is engaged in the distribution and sale of electricity to the end-users. The Parent Company and Others segment, which includes the operations of the Company, retail electricity sales to various off takers that are eligible contestable customers and electricity related services of the Group such as installation of electrical equipment. The Companyâs wholly owned subsidiary is Aboitiz Renewables, Inc. (ARI), which is engaged in the business of power generation.